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Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

Singapore Dollar/Czech Koruna (FOREX:SGDCZK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_SGDCZK
Open High Low SGDCZK Price Change
16.232 16.267 16.200 16.250 +0.018
Entry Signal

MarketClub’s Trade Triangles for SGDCZK

long term up The long term trend has been UP since May 1st, 2018 at 15.994

intermediate term down The intermediate term trend has been DOWN since Jun 25th, 2018 at 16.263

short term down The short term trend has been DOWN since Jul 15th, 2018 at 16.215

Smart Scan Analysis for SGDCZK

Based on a pre-defined weighted trend formula for chart analysis, SGDCZK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SGDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.232 16.267 16.200 16.250 +0.018
Prev. Close Volume Bid Ask Time
16.232 16.237 16.263 2018-07-17 22:49:36
Want to analyze Singapore Dollar/Czech Koruna SGDCZK or another symbol? Try our Free Forex Trend Analysis Report.